It's rather offensive that the RBA has only ONE lever to pull; target those who can least afford rate rises. The bank should be in a position to target profit margins and prices; disposable income and capacity to spend are not the only inflation drivers.
This is our PM - Have a look at the wet lettuce, page-63
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)